National Naval Officers Association Inc

Analysis

National Naval Officers Association Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, National Naval Officers Association Inc reported income of $131k and spending of $137k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $147k to $131k (-11%), an average of -2.8% a year. The sharpest change came in the year to September 2022, when income rose by 283%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Naval Officers Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Las Cruces Community Theatre ($131k), Pleasant Plains Athletic Booster Club ($131k) and Grace Arts Youth Theatricals Inc ($131k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 61% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.